TMBA 143 (TTR18) - 5 Media Created Distortions About Successful Internet Ventures

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We had a blast at the DCBKK conference over the weekend, but we've got more big plans lined up. The CEO-yeah is heading back to the good ole' U.S. of A. and I'm heading up to Chiang Mai to do a little scouting and see if it could be worthy of being the next TMBA compound.

Starting this week, I'm holding my feet to the fire and saying that all you weekend warriors will be getting a brand new episode of Tropical Talk Radio in your earbuds every Friday to keep you jammin' on your business all weekend long.

In this weeks episode, we get called out on our Modern Cat Furniture business by listener Shayna and invoke the "do as we say, not as we do" maxim. We reveal our 3 step process on how to know when it's time to hire and the differences between what we do, small businesses, and startups.

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5 Media Created Distortions About Successful Internet Ventures:

  • The difference between making money and getting money.

  • Why not to be a minority shareholder in a small business.

  • Why we don't invest in lifestyle businesses.

  • The most important factor for choosing a business partner.

  • Why your NIV (Network Independent Value) isn't at the Boyz2Men level, and what the means for your business idea.

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Mentioned on this show:

Chris Ducker
Ian Borders
Jason Cohen Article
WPEngine
iPhone 5

People on this show:

Dan (@TropicalMBA)
The CEO (@AnythingIan)

Episode length: 35:26

Download Options:

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If you don't like iTunes, here's the MP3 file--> [DOWNLOAD MP3]
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Cheers and have a great weekend,

Dan

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TMBA 144 (LBP127) - Generating Wealth and Re-Considering Retirement for Entrepreneurs

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TMBA 142 (LBP126) - Gaming Google Search Results - What's Working and What's Getting Killed